A materials review creates value when the agreed change reaches the system and alters how inventory is managed.
Material Analysis and Review System (MARS) is TEAM’s purpose-built platform for carrying materials and inventory decisions through to confirmed implementation. TEAM applies it to identify overstock, obsolescence and safety-stock risks, record the reasoning behind each decision, and track changes until they appear in the organisation’s system of record.
The issue, decision, owner and required action remain connected throughout the process. Your team can see what has been agreed, what remains outstanding and whether implementation has been verified.
A review may show that a stock level should change, a material status should be updated or a safety-stock setting revised. Inventory continues to be managed against the existing record until that decision reaches the ERP, EAM or other core system.
Excess stock and obsolete materials can remain in the active inventory, while unsuitable safety-stock settings continue to affect working capital, storage requirements or material availability.
MARS tracks each decision through to verified implementation.
TEAM works through each issue with your organisation to determine what should change, who owns the action and what evidence will confirm implementation. MARS keeps the reasoning, decision, responsibility and status visible in one workflow.
An approved action remains open until successive data imports confirm that the system of record reflects the decision.
Where the review supports an asset management decision, TEAM connects the material requirement, accountability and evidence of implementation to organisational objectives. This approach is consistent with the principles of ISO 55001:2024.
Issue identified > Review and reasoning > Decision > Approved change > Action > Successive data import > Verified implementation
Stock above operational requirements ties up working capital and consumes storage capacity. TEAM examines whether current holdings still reflect demand, lead times and operating requirements. MARS records the approved stock-level change and tracks the action through to verification.
Material that is no longer required can remain recorded as active inventory, occupy storage and retain value in stock the operation no longer needs. TEAM reviews the material status and supporting evidence. MARS retains the decision and the action required to update the core system.
Safety-stock settings influence inventory holdings and material availability. TEAM examines settings that may be increasing stock unnecessarily or exposing the operation to availability risk. MARS keeps the agreed setting, responsible owner and implementation status together.
Your organisation’s ERP, EAM or other core platform remain the systems in which approved materials changes are made.
MARS works alongside that platform. It maintains the decision, ownership and implementation record while the change is completed in the core system. Successive data imports provide the evidence needed to confirm completion.
Each item shows the material issue, supporting reasoning, agreed decision, responsible owner, required action and current status.
Imported data confirms when the change appears in the system of record. Operations, materials and asset management teams have a shared basis for following up outstanding work and verifying completion.
The scope can be applied to a defined inventory issue or a broader materials review, depending on the organisation’s priorities and available data.
If materials decisions are getting stuck before implementation, TEAM can define the work required to close each action through MARS.
